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Listed beauty major Nykaa is targeting EBITDA (Earnings before interest, tax, depreciation and amortization) break-even for its fashion vertical in the ongoing financial year (FY26).
As per the company’s investor presentation, Nykaa is planning to grow its fashion vertical by 3-4X in the next five years, on the back of product line expansion and new customer acquisition.
The company’s fashion segment has grown at a 55% compound annual growth rate (CAGR) to INR 3,804 Cr gross merchandise value (GMV) in FY25 from INR 666 Cr in FY21. Besides, its cumulative customer base grew to 8 Mn in the year under review, from 700 K in FY21.
Notably, Nykaa’s EBITDA grew 43% year-on-year (YoY) to INR 133 Cr in the fourth quarter of the financial year ended in March 2025 (Q4 FY25). Meanwhile, its EBIDTA margin expanded 90 basis points YoY to 6.5% in the quarter under review.
(The story will be updated soon.)
The post Nykaa Targets Fashion Business EBITDA Break-Even In FY26 appeared first on Inc42 Media.
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